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IMI plc Executes Share Buyback and Reduction

IMI plc Executes Share Buyback and Reduction

IMI plc (GB:IMI) has released an update.

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IMI plc has reported purchasing 62,934 of its own ordinary shares on September 19, 2024, for cancellation, at prices ranging from 1,857.00p to 1,898.00p per share. The average price paid was 1,882.70p per share, which will result in a reduced total of ordinary shares in issue to 272,466,731 and total voting rights of 258,817,895 post cancellation. The transaction was executed through Merrill Lynch International across multiple trading venues including the London Stock Exchange and others.

For further insights into GB:IMI stock, check out TipRanks’ Stock Analysis page.

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